Free India Assurance Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.96 Cr
- Company Age 26 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.00 M
- Revenue Growth 13.18%
- Profit Growth 30.48%
- Ebitda 24.70%
- Net Worth -25.25%
- Total Assets 49.14%
About Free India Assurance Services
Free India Assurance Services Limited (FIASL) is a Public Limited Indian Non-Government Company incorporated in India on 30 April 1998 and has a history of 26 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Free India Assurance Services Private Limited. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.96 Cr.
The company currently has active open charges totaling ₹3.00 M.
Manish Mehta, Aakesh Chopra, and Shradha Mehta serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U66010MH1998PLC114694
- Company No.
114694
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Apr 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Free India Assurance Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Mehta  | Director | 30-Dec-2020 | Current |
| Aakesh Chopra | Director | 05-Feb-2006 | Current |
| Shradha Mehta | Director | 30-Sep-2022 | Current |
Financial Performance of Free India Assurance Services.
Free India Assurance Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 13.18% increase. The company also saw a substantial improvement in profitability, with a 30.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.25%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Free India Assurance Services?
In 2021, Free India Assurance Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹0.30 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.20 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2024 | Others | ₹1.00 M | Open |
| 24 Feb 2023 | Hdfc Bank Limited | ₹2.00 M | Open |
How Many Employees Work at Free India Assurance Services?
Free India Assurance Services has a workforce of 9 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Free India Assurance Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Free India Assurance Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
